The digital coin that powers the Stakenet platform is XSN. It features completely secure Trustless Proof of Stake and is compatible with the Lightning Network, which allows for instant transactions with little to no fees associated with them.
XSN will be used to pay for any services on the platform. It can interact with other coins, which will make for many amazing opportunities for investors utilizing the program. For example, by using the platform’s Cross Chain Proof of Stake, holders can stake XSN and earn Bitcoin rewards. Users will also be able to pay anyone using any cryptocurrency just by having XSN. The coin will offer incredible flexibility in the way that it interacts with other cryptocurrencies.
With staking opportunities getting better and better, Stakenet plans to use the allure of staking rewards to completely reimagine how cryptocurrency works. The project is ambitious, but the ability to trade and stake across blockchains would be a huge, beneficial step for both investors and the blockchain as a whole.